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The company was founded in 1947, by Wendell Milliman and Stuart A. Robertson and operates 59 offices internationally, with over 3,000 employees. [citation needed] Milliman is owned and managed by approximately 350 principals. [1] The firm's primary business includes consulting practices in employee benefits, healthcare, investment, life insurance and financial services, and property and ...
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Wendell Milliman. Wendell Milliman (1905–1976) was a founder of Milliman, Inc., formerly Milliman & Robertson, one of the largest actuarial and business consulting firms in the world. [1] Starting as the Pacific Northwest 's only independent consulting actuary in a small two-room Seattle office in 1947, Milliman co-founded, with Stuart ...
401 (k) In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer.
Ultimately, how long a company can hold your 401 (k) after you leave a job depends on how proactive the employer wants to be about removing old participants from their 401 (k) plan.
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